Gold fell over 1% to $4,022 per ounce, its lowest since late November, putting the metal on track for its worst quarterly performance in nearly a decade.

Gold officially entered a bear market on June 9, dropping over 20% from its January all-time high near $5,600 amid rising yields and a strong US dollar.

Spot gold rebounded from a six-month low of $4,022 per ounce after shedding roughly 13% in a month, with US PPI inflation data poised to set the next